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HiWe are just about to do an extension which will be around a £45k contract with builder. How much would you expect to with-hold for the snagging list?Thanks
Maybe 4k; half until snagging is complete, and half for a further six months in case of latent defects.
It depends on what contract you are using. Check the small print.
Ideally pay 95% of contact sum when completed, a further 2 1/2% for immediate snagging and the final 2 1/2% after six months when defects such as shinkage cracks jave been addressed. Tjos would be tje terms of a usual minor works contract.
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